Bitcoin Forum

Increasing news of any company using credit card transactions are causing a scare on the people -- since the leaked information also contains not only very basic information about the person -- but more detailed stuff such as your security questions/answers as well as in certain cases your SSN, places you have lived, etc.

The problem is at the very core, these bankers don't know how to keep anything secure -- at all. They can't and won't do it. Why trust them with YOUR information AND currency when countless times they keep failing. It is too late for most of us, but not our kids.

At least with Bitcoin, hackers take the coins and nothing else. That information/currency/value is 100% separated from transactions since we have the network. This is impossible with the banking systems in play today.

Bitcoin is here again ready to spin a new pop up word.

Enjoy the ride.

Yes i dont trust online banking, that is why i use bitcoin and i like that on banks can have control over my controls.
I hope there will never be a hacking for bitcoin but i think his has already happened.
I am no sure if the person used double verification.

Bankers can't protect people from themselves, the ones that actually get the info stolen from them don't get it stolen because the bank is insecure, they get it stolen because they fill in their details into phising websites that have been sent to their email etc.

I'm not talking about phishing at all.

What are you talking about then? When was the last time a bank had an information leak or a server compromised? All the attacks that "hackers" execute are rather naive, they require about 3 hours of spare time and an IQ of 80 plus, most of the victims caught will have the IQ of ~60. Blondes using daddys credit cards etc.

Learn to Google.

Phishing and hacking are two separate issues.

Yes, people get phished all the time for any and all companies, from bank accounts to forum accounts, etc.

I am an experienced social engineer as well as a white hat hacker, I was responsible for security in various online casinos across the world.

The only time that I have actually seen a compromised server is in the gambling section, there are many sloppy Bitcoin "gambling" websites.

Very weird that you think phishing is the only problem then.  ::)

70 million people just had their personal data leaked during the Target hack through no fault of their own (http://www.cbc.ca/news/business/target-data-hack-affected-70-million-people-1.2491431).  That's nearly one quarter of the US population.  

Bitcoin is an unhackable peer-to-peer electronic cash system that helps solve these types of problems.  

It's more than 70 million at Target: Nieman Marcus just admitted to having customer credit and debit card details hacked in December: http://business.time.com/2014/01/11/nieman-marcus-credit-cards-hacked/

Its not INCOMING its already HERE , since few years ago due the volume and new volume its hard to get rid tho

I personally think the corporations that allow their networks to be attacked where by confidential client information is stolen should be closed down for good because they obviously didn't think hard and good enough when it came to their security. Granted nothing is 100% full proof if it's properly managed and maintained the thread can be reduced drastically and the damage and or leak can be kept a very minimum.

Banks are nitorious for leaks. A friend of mine worked for CIBC on contract back when they were being investigated by the Securities for leaking confidential client information. What happen was CIBC had a bunch of NT 4.0 workstations that were still being used by others over their network, all the users on this network of machines had Administrator access, the person or persons who compromised the network stole a bunch of financial data that consisted of very sensitive data from a hard drive.

Almost all high-end printer/fax/copier machines have hard drives in them now, when your leased device go back to the manufacture the hard drive isn't properly disposed it and whoever buys your device next gets access to all the data you have scanned, faxed, and photocopied.

It's obvious that as human beings we don't have any high regards for protecting confidential information, so it's no surprise people get their bitcoin wallets hacked.